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Amy Edmondson

Amy Edmondson

Professor Edmondson is the Novartis Professor of Leadership and Management at Harvard Business School, a chair established to support study of human interactions that lead to the creation of successful enterprises and the betterment of society. She studies leadership, psychological safety, and organizational learning.

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Gary Cohn

Gary Cohn

As Assistant to the President for Economic Policy and Director of the National Economic Council (2017-2018), Gary Cohn managed the US economic policy agenda, stimulating economic expansion, job creation, and wage increases through historic tax and regulatory reform. Prior to that he was the President and Chief Operating Officer at Goldman Sachs where he worked for more than 25 years.

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Klaas Knot

Klaas Knot

Klaas Knot is President of De Nederlandsche Bank and is the Chair of the Financial Stability Board. He is also a member of the Governing Council and the General Council of the European Central Bank, member of the European Systemic Risk Board, member of the International Monetary Fund's Board of Governors and a member of the Board of Directors of the Bank for International Settlements.

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Axel Weber

Axel Weber

Axel Weber is the past-Chair of UBS and the past-President of the German Bundesbank and a member of the European Central Bank Governing Council from 2004 to 2011. He is a member of the Group of 30.

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Accountability for Banks, Accountability for Regulators

Accountability for Banks, Accountability for Regulators

by Michelle W. Bowman

Member, Board of Governors of the US Federal Reserve System

Feb 14, 2024

Thoughts

USA US Fed Reserve Culture & Conduct Supervision Culture for Regulators The Era of Accountability Personal Liability & Accountability

This article originally appeared in Starling Insights' “Physician, Heal Thyself” Deeper Dive.

The U.S. Federal banking agencies provide critical oversight of and play a vital role in maintaining a safe and sound banking system. These roles are carefully defined and expressly limited by statute. The banking agencies’ focus on the safety and soundness of individual financial institutions and the stability of the broader financial system lays a solid foundation for a robust financial services industry in the U.S. and abroad.

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